Global Mental Health Clinical Trials Market: Trends, Growth, and Future Forecast 2023-2030
The global mental health clinical trials market size is expected to reach USD 5.10 billion by 2030, registering a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc. Mental health has become a major area of concern globally, and the need for effective treatments and therapies has become more pressing than ever. Due to the rising incidence of mental diseases like bipolar disorder, anxiety, and depression, mental health has become a major global problem. The market for mental health clinical trials has expanded as a result of the rising prevalence of these disorders and the increased demand for effective treatments and cures. Also, the industry has expanded as a result of governments and private groups investing more money in clinical trials and mental health research. The need for effective therapies has grown as a result of the increased knowledge and openness surrounding mental health. Additionally, new avenues for men...